If you're a loud-mouthed American or just believe there's plenty of evidence that China is in the grip of a credit bubble, AND you have a $1.6 million Aussie Dollars to put your money where your mouth is, you can sign up for Mark Hart's hedge fund betting on the imminent implosion of China.
The biggest reason is this is a nation where the ability to accumulate debt has become more important than the accumulation of real wealth. How many people do you know that can talk to you about credit scores vs how many dollars it takes to buy an Oz of gold? Imagine a room full of young 20 somethings and ask the question. Raise your hand on what is more valuable. A perfect credit score or a $50 GAE. How many hands do you think would be raised for the coin? Debters are not worried about inflation as long as they can get enough credit to cover it.
Seems natural that people in deep debt wouldn't be overly concerned about inflation. Taking on debt to invest in gold, on the other hand, that would be an interesting risk.
